Q:
      
      
         
            
Oligopolistic industries are characterized by
         
       
      
      
      
          
      
      
          Answer & Explanation
         Answer: C) a few dominant firms and substantial entry barriers         
         
Explanation: Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.
       
      
      
      
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